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2024 Revenue

$6.3M

Customers

120K

Funding

$0

YOY

44%

Avg ACV

$52

Team

46

Founded

2007

How Synel Americas CEO Thomas Krueger grew Synel Americas to $6.3M revenue and 120K customers in 2024.

Synel is a world leader in the development and production of data collection systems and solutions for workforce management of time & attendance, including access control and job costing. Synel's portfolio of products provides complete hardware and software solutions, including advanced biometric data capture devices with fingerprint scanning technology, facial recognition and more. Solutions are available for complex, multi-location enterprises and single-building facilities of all sizes. Synel's solutions provide on-line and real-time data collection for immediate access to information throughout an organization. Harness the ability to improve efficiency and effectiveness, reduce costs, and provide an innovative user experience while maintaining compliance.

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Synel Americas Revenue

In 2024, Synel Americas's revenue reached $6.3M. The company previously reported $4.4M in 2023. Since its launch in 2007, Synel Americas has shown consistent revenue growth.

Synel Americas Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M2007200920112013201520172019202120232024$0$3M$6MSource: GetLatka.com
YearMilestoneQuote
2024Synel Americas Hit $6.3m revenue in October 2024
2023Synel Americas Hit $4.4m revenue in December 2023
2021Synel Americas Hit $3.3m revenue in April 2021
2007Launched with $0 revenue

Synel Americas Valuation, Funding Rounds

Synel Americas is a bootstrapped Time & Attendance Software startup. Founded in 2007, Synel Americas has grown to $6.3M in revenue without raising any venture capital or outside funding.

As a self-funded Time & Attendance Software SaaS company, Synel Americas has built its business with no outside investment.

Synel Americas Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120072007 cumulative: $0 • 2007 Founded: $02007 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Thomas Krueger

President and CEO at Synel Americas, Inc.

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Customers

Synel Americas serves 120K customers.

Synel Americas Employees & Team Size

Synel Americas employs approximately 46 people as of 2026, up from 42 in 2023, including 8 sales reps that carry a quota. It serves 120K customers that rely on its solutions.

Synel Americas Team GrowthReported headcount over time010203040502007200920112013201520172019202120232024004646Source: GetLatka.com
YearMilestone
2024Reached 46 employees (December 2024)
2024Reached 43 employees (October 2024)
2023Reached 42 employees (December 2023)
2022Reached 39 employees (December 2022)
2021Reached 38 employees (December 2021)
2021Reached 39 employees (April 2021)

Frequently Asked Questions about Synel Americas

What is Synel Americas's revenue?

Synel Americas generates $6.3M in revenue.

Who founded Synel Americas?

Synel Americas was founded by Thomas Krueger.

Who is the CEO of Synel Americas?

The CEO of Synel Americas is Thomas Krueger.

How much funding does Synel Americas have?

Synel Americas raised $0.

How many employees does Synel Americas have?

Synel Americas has 46 employees.

Where is Synel Americas headquarters?

Synel Americas is headquartered in Scottsdale, Arizona, United States.

Compare Synel Americas to the industry

Synel Americas operates across multiple industries. Browse revenue, funding, and growth data for Synel Americas in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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